$5,641 Closing Credit*
$475,000
1,637 SqFt
3 Beds
•2 Full Baths
Rhoda Wood, Listing Office: Rhoda Wood Realty, LLC
Is Uptown, LA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Uptown was a Seller's Market.
Key Takeaway
Uptown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Uptown, LA
How much do homes in Uptown, LA cost?
Median Sold Price
$645,000
$344/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$92,500(-12.5%)
Key Takeaway
Homes in Uptown have sold for 12.5% less than they did a year ago.
Summary: The median home sold price in Uptown was $645,000 in November 2024, down 12.5% from last year, and the median price per square foot was $344.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $252K | $270K | +7.1% |
| 2 Bedrooms | $420K | $474K | +12.9% |
| 3 Bedrooms | $775K | $615K | -20.6% |
| 4 Bedrooms | $794.5K | $925.9K | +16.5% |
| 5+ Bedrooms | $890K | $875K | -1.7% |
Summary: Uptown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 12.9%, 3 bedroom homes decreased by 20.6%, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes decreased by 1.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Milan | $380K | $447.5K | +17.8% |
| Touro | $690.5K | $735K | +6.4% |
| West Riverside | $665K | $615K | -7.5% |
| Uptown | $737.5K | $645K | -12.5% |
Housing Supply in Uptown, LA
How many homes are available in Uptown, LA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 45 | +15.4% |
Summary: The Uptown real estate market had 45 homes for sale in November 2024, a 15.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 6 | 9 | +50.0% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The Uptown housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 6 | +500.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Uptown, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Uptown in November 2024, up by 500.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Uptown, LA
How long does it take to sell a home in Uptown, LA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 36 Days | +6.1% |
Summary: Homes in Uptown had an average of 36 days on market in Nov 2024, up by 6.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Uptown are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Uptown; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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